8/14/2017 Reuters
MEXICO CITY (Reuters) – Rules adopted by Mexico’s ruling Institutional Revolutionary Party allowing it to form coalitions and non-members to run for president were necessary to stop leftist Andres Manuel Lopez Obrador from winning office next year, the PRI’s president said.
The rules adopted over the weekend give the once-dominant party, known as PRI, a better chance of clinging to power in next July’s presidential election, where veteran leftist Lopez Obrador is an early favorite among voters tired of graft, scandals, violence and a tepid economy.
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Mexican President Enrique Pena Nieto’s approval rating has slumped to a new low since Donald Trump won the U.S. presidency last week, in part due to his invitation of the real estate tycoon to Mexico during the campaign, a poll showed on Sunday.
MEXICO CITY (Reuters) – Mexico’s ruling Institutional Revolutionary Party (PRI) expelled an outgoing state governor from its ranks on Tuesday, saying the official violated party rules as head of the Gulf state of Veracruz.
The Mexican authorities are seeking to arrest a former governor who has disappeared as he faces charges of organised crime and money laundering, officials said.Javier Duarte has not been seen for days after he resigned as governor of the crime-plagued eastern state of Veracruz last week.
It was an erstwhile attempt at self-expression in a party known for protocol and staid formalities. A member of the governing Institutional Revolutionary Party (PRI) posted a defiant rant on Facebook — along with an image of a bearded hipster with thick glasses — listing the challenges of being young and belonging to an organization whose stalwarts are lampooned as dinosaurs.
MEXICO CITY — An internal committee of Mexico’s governing party said Monday that it decided to strip party rights from one of its state governors under federal investigation for corruption.
The disassociation between consumer confidence and consumer spending habits over the past two years has been one of the Mexico’s most interesting economic puzzles. The economy remains stuck in a three-year slowdown (GDP contracted in the second quarter by a sequential 0.3%), tighter fiscal and monetary conditions are in place as a result of low oil prices and a weak peso, and the string of corruption and impunity scandals surrounding the political class (and particularly the ruling PRI) appears to have no end in sight, even despite the passage of anti-corruption legislation.